With the acquisition, all 640 Arca employees will be part of Accenture Spain operations. Accenture seeks to leverage Arca’s capabilities to offer multidisciplinary services for network operations. The company will use Arca’s system combined with its SynOps platform to advance its abilities to assist businesses pivot operating models in 5G. Arca’s acquisition will also boost its network capabilities in both Spain and Portugal. It will offer clients services across 5G network roll-out, engineering, operations, and industry services. The deal mainly targets businesses in the fields of telecommunication, industrial, energy, and infrastructure industries.
Bid to accelerate 5G cloud network
Accenture Iberia business leader Domingo Mirón talked about businesses’ role to benefit from full 5G potential. According to Mirón: Arca views the deal with Accenture as an opportunity to expand its capabilities on a global scale. The company seeks to leverage Accenture’s expertise across multiple industries and markets. By press time, Accenture (NYSE: ACN) stock price was at $243.20, an increase of 1.45% from a close business on Thursday. Arca, which was founded in 1998, works with network operators, telco infrastructure services enterprises. It assists firms to transform their business and processes and implement new communications technologies. On the other hand, Accenture is a leading player offering specialized skills across over 40 industries.
